Yesterday, BTC fell slightly below 60,000, reaching a minimum of around 59,000. It rebounded to around 61,000 in the early morning, and then began to fall independently, reaching a minimum of around 56,500. The intraday decline reached 4,500 points, causing a large number of long positions to be liquidated. In the absence of negative factors, this decline was a bit too large.

Yesterday, the CZ hearing came to an end, and the final 4-month probation was better than market expectations, so the big cake did not fall further in the early morning, and there was no sign of the intraday decline. In terms of macroeconomics, gold rose slightly and the US dollar fell slightly, so it was not affected by interest rates. At this month's interest rate meeting, the interest rate is likely to remain unchanged, which has little impact on the market. The overall decline is still the behavior of big market players. There is no need to find the reason. Just arrange the spot in batches according to the plan.

After today's large-scale decline, the long-term defensive gate 60,000 was effectively broken, and the overall pattern completely walked out of the short pattern. The market began to panic, and everyone was looking at 5w 4w, but if someone sells in the market, someone will buy. If you dare to buy at 7w, then Why don't you dare to buy 5w7? The Federal Reserve will definitely start to cut interest rates this year. The overall tone is to release the bull market. The decline is the risk of the contract and the opportunity of the spot.

Short-term support below 55000 52000

Short-term resistance above 60000 64000

In terms of operation, it is recommended to arrange spot in batches. For the contract, pay attention to whether 58000 can be recovered. If it stabilizes at 58000, you can try to enter the long order. Risk control below 56500